Mitigating critical risk factors on project delivery
| dc.contributor.author | Yeboah, Evelyn | |
| dc.contributor.author | ||
| dc.date.accessioned | 2021-05-14T12:37:19Z | |
| dc.date.accessioned | 2023-04-19T02:54:59Z | |
| dc.date.available | 2021-05-14T12:37:19Z | |
| dc.date.available | 2023-04-19T02:54:59Z | |
| dc.date.issued | 2021-05-14 | |
| dc.description | A thesis submitted to the Department of Construction Technology and Management, Kwame Nkrumah University of Science and Technology, Kumasi, in partial fulfilment the requirements for the Award Degree of Master of Science in Project Mgt. | en_US |
| dc.description.abstract | Several scholars have stated the fact that risk has a major impact on projects and its delivery, which proves that risk management is very vital in the execution of every project. This study engrossed on the mitigating critical risk factors on project delivery. The various objective for the study were: To identify type of risks or risk factors that influence project delivery, and to examine risk mitigating strategies adopted by construction companies. This study used questionnaires for data collection, through which the quantitative method was used. The purposive sampling and convenience sampling techniques were employed. The study sampled 60 respondents from 5 construction firms in the Greater Accra Region of Ghana. Twelve (12) respondents from each firm, these companies include: Berock ventures, Consar, Multi Tridax complex, Tonyam company Ltd and Core Construction Ltd Further, in which the target is also made up of top level managers and officers within the target population. In all, data gotten back from all respondents were 43. The descriptive statistics and the mean score ranking was used in analysing data. Two objectives assisted in attaining the main goal of the research. The first objective offered the risk factors that influence project delivery, these risk factors were presented under these headings, which are; external and site condition risks, economic and financial risks, technical and contractual risks and managerial risks. and from the data results, these factors ranked under these headings includes; unforeseen site ground condition influence project delivery, difficulty in obtaining permits and ordinances influence project delivery, constant rise in prices of materials influence project delivery, poor cost control influence project delivery, delay in providing detail drawing influence project delivery and finally, labour, material and equipment problems affect project delivery. The main goal of the second objective was also achieved, this was successful by presenting the risk mitigating strategies adopted by construction companies, these strategies includes: there is information to forecast and identify future risks, projects are constantly screened to avoid unwanted risks, to ensure insurance policies to ensure risk transfer when risk occurs, to ensure integrated catastrophic model for risk prevention or elimination and the final strategy ranked as effective was; thorough risk assessment or evaluation is done always. The focus of this research is to mitigate critical risk factors on project delivery, and from the following above the aim of the research was accomplished. | en_US |
| dc.description.sponsorship | KNUST | en_US |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/13743 | |
| dc.language.iso | en_US | en_US |
| dc.subject | Project delivery | en_US |
| dc.subject | Risk factors | en_US |
| dc.subject | Risk | en_US |
| dc.title | Mitigating critical risk factors on project delivery | en_US |
| dc.type | Thesis | en_US |
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